Waterfront

KUALA LUMPUR: Ekovest Bhd has no plans to revisit its take over offer for Iskandar Waterfront City Bhd (IWC) after the deal fell through. "As the management, we respect the shareholders' decision. We'll not revisit the thing. We will go back to our core business and infrastructure expansion, in line with our Duke masterplan and River of Life project," said Ekovest managing director Tan Sri Lim Keng Cheng at a press conference after its EGM here today. During the EGM, 69.2% of Ekovest shareholders representing 439.82 million voting shares voted against the deal. However, he reiterated that valuations are cheap for IWC despite rejection from Ekovest minority shareholders. Meanwhile, Ekovest executive chairman Tan Sri Lim Kang Hoo said the deal would have gone through if it is not a related-party transaction. "If it is not related, it is done already. It's a different story." … [Read more...] about Ekovest: No plan to launch another offer for Iskandar Waterfront City

KUALA LUMPUR: Ekovest Bhd shareholders have rejected the proposed take over offer for Iskandar Waterfront City Bhd for RM1.50 per share. Some 69.2% of shareholders representing 439.82 million voting shares voted against the deal at its EGM this morning. Independent adviser BDO Capital Consultants Sdn Bhd has advised that the cash option for the take over offer is “not fair but reasonable” while the share exchange option is “fair and reasonable”. The stock opened at 98 sen this morning and rose 4 sen to RM1.02 before trading was halted at 11.25am. … [Read more...] about Ekovest shareholders say no to take over offer for Iskandar Waterfront City

Fun at The WaterfrontPlay with giant soap bubbles at the carnivalFor young hockey fans ... GET ready for a whale of a time at Parkcity Kids Carnival, this weekend at Desa Park City's Car Park 1 at The Waterfront. The fun starts from 11am right up to 9pm on both Saturday and Sunday, Mar 24 ad 25. Just last weekend, the carnival atmosphere took over at the developer's Plaza Arkadia. Children and parents alike were thrilled with the exciting activities and carnival games. From Tin-Can-Alley to Ring Toss, Lucky Strike, Tic-Tac-Toe, Balloon Pop, Fishing Booth and more - ParkCity as organiser and host, surely entertained families and the community. This weekend, bring all in the family, even the extended family and friends. The party at The Waterfront is going to be a tad smaller in scale but just as fun-filled and lively. While the younger set partake in activity-based games, the less energetic can soak in the fun and frolic, and be entertained by the various performances of music, … [Read more...] about Fun at The Waterfront

An angler was filmed throwing stones at a family of otters next to the Marina Country Club in Punggol Waterfront on Saturday evening. A housewife, who wanted to be known only as Ms Chong, told The Straits Times yesterday that she was in the area at about 6.30pm when she spotted the family of eight otters swimming away. Ms Chong, an avid otter watcher, started filming when she noticed that a man had started throwing stones at one of the pups. "Obviously, I was shocked. He did it not once, but twice, at two of the pups," said Ms Chong, who declined to give her age. A video of the incident was shared on the OtterWatch Facebook page on Saturday night. Mr Jeffrey Teo, a member of the OtterWatch community, told The Straits Times that this particular family of otters have been spotted frequently in the Punggol stretch since about two months ago. They comprise of parents, a sub-adult and five pups. He said that a few otter watchers have since alerted the authorities to the incident. Ms Chong, … [Read more...] about Angler filmed throwing stones at otter family in Punggol Waterfront

An angler was filmed throwing stones at a family of otters next to the Marina Country Club in Punggol Waterfront on Saturday evening. A housewife, who wanted to be known only as Ms Chong, told The Straits Times yesterday that she was in the area at about 6.30pm when she spotted the family of eight otters swimming away. Ms Chong, an avid otter watcher, started filming when she noticed that a man had started throwing stones at one of the pups. "Obviously, I was shocked. He did it not once, but twice, at two of the pups," said Ms Chong, who declined to give her age. A video of the incident was shared on the OtterWatch Facebook page on Saturday night. Mr Jeffrey Teo, a member of the OtterWatch community, told The Straits Times that this particular family of otters have been spotted frequently in the Punggol stretch since about two months ago. They comprise of parents, a sub-adult and five pups. He said that a few otter watchers have since alerted the authorities to the incident. Ms Chong, … [Read more...] about Angler filmed throwing stones at otters in Punggol Waterfront